Raj Jain to replace Ravi Dhariwal as Times group CEO
Jain is currently chief executive officer at Bharti Retail Ltd, multi-brand retail venture of Bharti Enterprises
New Delhi: Raj Jain, chief executive officer at Bharti Retail Ltd, multi-brand retail venture of Bharti Enterprises, is set to replace Ravindra Dhariwal at India’s largest media company Bennett, Coleman and Company Ltd (BCCL). Dhariwal is the CEO (publishing) and executive director at the company that publishes The Times of India and The Economic Times newspapers.
Two people familiar with the development said Jain will join BCCL in a couple of months. “Jain is a great choice. He has had an illustrious career. He has worked for HUL (Hindustan Unilever Ltd) and was head of Whirpool India and later Wal-Mart too," said one of the persons mentioned above.
The two people asked not to be identified because the announcement is yet to be made.
Jain, 54, is the former head of Wal-Mart India. He has also worked for Hindustan Unilever Ltd, which he joined as a management trainee in 1980.
He spent 10 years at Whirlpool Corp. Jain joined Wal-Mart in China in 2006.
Mint’s publisher HT Media Ltd’s offerings compete with those of BCCL in several markets and categories.
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